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Inheritance Tax

Asked by Patricia FergusonLabourTreasuryTabled Answered 9 January 2025UIN 21817

The question

To ask the Chancellor of the Exchequer, what guidance her Department will issue to non-agricultural businesses on the changes to Inheritance Tax announced in the Autumn Budget 2024.

Answered by James Murray

The Government published information about the reforms to agricultural property relief and business property relief at www.gov.uk/government/publications/agricultural-property-relief-and-business-property-relief-reforms.

As with other tax changes, HM Revenue and Customs will update its guidance in due course in the usual way.

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